Dec 17, 2012 2:30pm PST
for more. melinda, how concerned are german leaders are about where mohamed morsi and the is bomuslm brotherhood are taking the country? >> his ministry is suspending talks on for the development aid for now. there suspending discussions and negotiations on debt relief which have would have amounted to 240 million euro. another government spokesperson said president morsi is the first democratically elected president and we have to deal with him. we're still planning on him visiting a berlin at the end of january. they said basically, what they would be looking for is to be assured that egypt will respect the rule of law, freedom of speech, human rights. in this case, they would still be maintained. relations with the government. >> melinda, thank you. we will be right out with more. >> demonstrators throwing stones at the acting president of tunisia. that incident cut short a ceremony marking the second anniversary of the revolution. >> holdings speeches to commemorate. >> he set himself on fire in an act of protest and it signified weeks of protest forcing out the country's dictato
Dec 17, 2012 3:00pm EST
ceo of pimco mr. mohammed el-erian. welcome back. >> thank you, bill. >> and i've given you your first question. i gave it to rick earlier. we've seen this rise in yields even as the fed met to try to bring rates down some more. even as the fiscal cliff negotiations continue on. you'd think there'd be a rush to these safe havens. that's not happening. have we seen the low for the treasury yields for the foreseeable future? >> it depends which bend of the curve you're talking about. if you're talking about the 10 year point, we would agree with rick. looks like a range between 1.6% and 2%. and the language of keeping interest rates at zero. the long end is going to be volatile and more dangerous. it depends where on the curve you. >> so -- i'm sorry? >> it was interesting. this was brought up by one of our portfolio managers this morning. the fed's statement was hawkish last wednesday. we don't agree. what the fed tried to do is provide greater clarity to the markets. >> right. >> but that had been misinterpreted as it being more hawkish. we don't think that is the case. >> so all of th
Dec 17, 2012 6:00am EST
for legislative business. that is live on c-span. we will look at egypt president mohamed morsi, and the referendum on a drafted convert -- constitution and the country. on c-span, a discussion on the impact of the government acts they passed a decade ago to improve services and productivity. >> this morning, jacqueline simon talks about how the fiscal cliff could impact federal workers. federal workers.